-The Telegraph A non-government environmental agency claimed today that it has uncovered a scam in the solar power mission where, it said, a private firm has used front companies to circumvent government rules for solar power projects. The Centre for Science and Environment (CSE) said its three-month-long investigation suggested that the company had used unfair practices to grab lucrative projects under the first phase of the solar mission that hopes to add...
More »SEARCH RESULT
The truth about solar mission by Chandra Bhushan & Jonas Hamberg
For the Government of India the first phase of the national solar mission has been a grand success. It not only managed to attract industry to invest in the generation of an energy considered costly, but also dramatically drove down the cost of producing this energy. In its celebration, little did the government realise that a major conglomerate had subverted rules to acquire a stake in the solar mission much...
More »More, better jobs in India, says World Bank report by Kalpana Kochhar
India's economic growth has added over seven million new jobs every year for almost a quarter of a century. Workers have seen their wages - adjusted for prices - rise by nearly 3% a year. Poverty rates among wage workers and the self-employed have fallen. Going forward, with swelling numbers of new entrants - and more women entering the job market , as was the case during east Asia's rapid...
More »Is Indian bureaucracy the worst?
-The Economic Times Bureaucracy bashing is India's favourite national vocation. And for good reason. Our bureaucracy has its good share of crooks, criminals and cheats who need to be put away - with or without a Lokpal. The simple counter-question is, does the bureaucracy have a disproportionately larger share of crooks than in other professions in India, and the data clearly does not say a resounding yes. In fact, there is perhaps...
More »The magic number
-The Economist A huge identity scheme promises to help India’s poor—and to serve as a model for other countries INDIA’S economy might be thriving, but many of its people are not. This week Manmohan Singh, the prime minister, said his compatriots should be ashamed that over two-fifths of their children are underfed. They should be outraged, too, at the infant mortality, illiteracy, lack of clean drinking water and countless other curses that...
More »